Page 2 - Adani Enterprises

A month after Hindenburg report: It's business as unusual for Adani Group

As on December 2022, retail investors held between 1 per cent and 11 per cent in the 10 Adani group stocks

LIC's investment in Adani Group stocks now stands close to cost: Report

On January 30, the country's largest insurer had said that it had Rs 26,000 crore of gains in the Adani Group stocks, now this stands at just over Rs 3,000 crore

Adani Group Rout has room to run as charts show 85% call still valid

The rout in Adani Group shares has room to run based on charts that show key stocks in Gautam Adani's empire may still extend declines to the 85% downside flagged by Hindenburg Research

Adani group shares extend fall; Adani Total Gas tanks 79% in one month

Adani Power (Rs 162.60), Adani Transmission (Rs 788.75), Adani Total Gas (Rs 834.95), Adani Green Energy (Rs 539.30) and Adani Wilmar (Rs 390.35) were locked at 5 per cent lower circuit today

Adani credit facilities expose collateral web full of red flags

Since short-seller Hindenburg Research published its critical report on Jan 24, investors have responded to its allegations of fraud and market manipulation by selling Adani shares

Adani Enterprises to freeze capital expenditure in new road projects

It will focus instead on completing existing ones, before committing fresh investments

Adani Group denies reports of hiring Grant Thornton for audits amid crisis

Adani Group | Grant Thornton: Media reports suggested that embattled Adani Grpup had appointed accountancy firm Grant Thornton for an independent audit of a few of its companies in a bid to come clean

Top headlines: ALT's ESG rating under review, Srei group resolution & more

Business Standard brings you the top headlines at this hour

Most of Adani group firms close higher; Adani Enterprises rises 1%

Most of the Adani group stocks closed higher with the flagship Adani Enterprises settling higher by 1 per cent on Wednesday, a day after the conglomerate asserted that its balance sheet is "very healthy". At close, six of the group firms were in the green while four were in the red. "The market cap of Adani group companies continued to fall, down 1.5 per cent on February 15, even as 4 out of 10 conglomerate's stocks ended in the negative. "The combined market valuation of the group is now down 54.9 per cent as compared to that on January 24," Deepak Jasani, Head of Retail Research at HDFC Securities, said. On BSE, Adani Enterprises shares surged 1.61 per cent to close at Rs 1,778.45 apiece, with a market valuation of Rs 2.02 lakh crore. Shares of NDTV jumped 4.70 per cent to settle at Rs 197.20 per share. During the day, the scrip zoomed 5 per cent to touch Rs 197.75 -- its upper price band on the bourse. Besides, Ambuja Cements soared 2.36 per cent to close at Rs 344.60, ACC ro

ITC, RIL, ICICI Bank help lift Sensex 600 pts higher, Nifty above 17,900

CLOSING BELL: Sensex and Nifty indices snapped their 2-day losing run, ralling on Tuesday as supportive global cues, ease in WPI inflation, and healthy buying in heavyweights lifted sentiment.

Adani Enterprises Q3 results: Net consolidated profit at Rs 820 crore

Adani Enterprises Q3 results: The net standalone profit in Q3FY23 was Rs 269.71 crore as compared to a loss of Rs 36.46 crore in Q3FY22

Adani Enterprises bounces 17% from day's low on massive jump in Q3 profit

For Q3FY23, Adani Enterprises' consolidated profit after tax (PAT) came in at Rs 820 crore as against a loss of Rs 12 crore in the same quarter last fiscal (Q3FY22)

Stocks to watch: Adani Enterprises, ONGC, Nykaa, IRB Infra, Castrol India

Stocks to watch today: Adani Enterprises, ONGC, Coal India, Siemens, Grasim Industries, Eicher Motors, among others will report the October-December (Q3FY23) quarter results

Adani Enterprises Q3 results tomorrow: Know about its past performance here

Adani Enterprises has been in the spotlight since January 24 when the US-based short-seller Hindenburg Research released a report stating that its shares are overvalued

Adani Green, Adani Transmission, Adani Total Gas hit 52-week lows

Adani Ports and Special Economic Zone, Adani Wilmar, ACC, Ambuja Cements and New Delhi Television (NDTV) are down in the range of 1 per cent to 5 per cent.

Index provider MSCI cuts 4 Adani group securities free-float designations

MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said

Stocks of Adani Group remain in MSCI indices after quarterly review

It is still unclear whether the index provider has adjusted weightings of any of the group's stocks in its equity gauges in its latest review

Divested entire stake in Adani group: Norway sovereign wealth fund

The world's largest stock investor says it sold its shares - worth just over $200 million - in three Adani group companies since the start of the year

Adani group stocks under pressure as MSCI to review free float status

Adani Enterprises locked 10 per cent lower circuit, while Adani Ports, Adani Power, Adani Transmission, Adani Total Gas, Adani Green Energy and Ambuja Cements were down up to 6 per cent

Adani plans to prepay $500 million loan due in March to banking group

Barclays Plc, Standard Chartered Plc and Deutsche Bank AG are among banks that lent Adani $4.5 billion to finance the purchase of Holcim Ltd. cement assets last year